Is government funding a realistic way to start my own business with no money of my own?
The Australian government has funding programs in place to help entrepreneurs start their own small business. So, my advice is to give it a look. Some of these programs offer funding under terms that could possibly require you put down no money of your own at first. Loans, however, will likely want to be repaid. However, grants are essentially free because they do not want to be paid back. However, are generally challenging to attain from the government. Regardless, this money is not freely given to just anyone, as applicants should prove they are qualified for the program they are applying to.
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You can also take advantage of the Small Business Startup Assessment Tool below and see the tools and resources you need to succeed at launching your business. It takes just a minute and will also tell you if there may be any funding programs available.
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